A group, Conference by Empowerment for Unemployed Youth Initiative (EUYI) has called for the immediate sack of the Minister of State Petroleum, Sen. Heineken Lokpobiri, and Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL) Limited, Mele Kyari over the recent fuel hike. Its National Coordinator, Danesi Momoh, in a statement issued on Thursday in Abuja said the vast majority of Nigerians can no longer feed or go out to look for work as a result of the fuel hike. He noted when the NNPCL lied that Port Harcourt refinery would start functioning in December 2023, Lokpobiri did…
Author: Hints News
The House of Representatives Committee on Petroleum Resources (Upstream) has called on the federal government and the Nigerian National Petroleum Company Limited (NNPCL) to suspend the increase in pump price and immediately revert to the old price of petrol. Recall that the NNPCL on Tuesday September 3, 2024 raised the pump price of petrol to N897 per litre from the official price of N617. However, the Committee Chairman, Hon. Alhassan Doguwa in a statement issued Thursday said NNPCL should consider the plight of Nigerians and suspend this recent increase in pump price. He said: “As a committee, we urge the…
Contrary to the statement credited to Dangote refinery, the Nigerian National Petroleum Company Limited (NNPCL) has said that foreign exchange (forex) illiquidity has been a significant factor influencing the fluctuation in prices of Premium Motor Spirit (PMS). This, it said, is governed by unrestricted free market forces, as provided for in the Petroleum Industry Act (PIA), 2021. TheHintsNews reports that Dangote refinery had claimed that only NNPCL can determine the prices of petrol. Speaking on TVC News’ “Journalists’ Hangout” show on Thursday, the Executive Vice President of Downstream, NNPCL, Mr. Adedapo Segun considering the fact that the market has been…
The pan-Yoruba socio-cultural and socio-political organization, Afenifere, has called on the federal government to immediately order the Nigerian National Petroleum Corporation Limited (NNPCL) to reverse the recent increase in pump price. TheHintsNews reports that NNPCL on Tuesday September 3, 2024 raised the pump price of petrol to N897 per litre from the official price of N617. The announcement came just a few days after the national oil company said it was facing challenges of huge debt burden estimated at $6.8 billion. Afenifere in a statement signed by its spokesman, Jare Ajayi, said ironically, the announcement of the debt came just…
The Director General and Chief Executive Officer of the Nigerian Meteorological Agency (NiMet), Prof. Charles Anosike has called for insurance coverage for Nigerian farmers to strengthen food security. Anosike made the call when a delegation from the United States Agency for International Development (USAID) paid a courtesy visit to his office in Abuja. He said: “NiMet does a lot of work in early warnings. When we talk about insurance or early warnings, it’s not just about the productivity of farmers. “It’s also about saving lives. Lives have already been lost in the 2024 flood. Let’s keep in mind that early…
The Peoples Democratic Party (PDP) has described the “thoughtless increase” in the fuel price as a huge recipe for crisis. Its National Publicity Secretary, Hon. Debo Ologunagba in a statement issued Wednesday noted that Nigerians cannot bear the worsening effect of the increase in pump price on the suffocating economic hardship which they currently face under the President Bola Tinubu-led administration. He said: “PDP rejects the punishing increase in the pump price of fuel to over N1,000 per liter in various parts of the country describing it as a brutal assault on the sensibility and wellbeing of Nigerians by the…
The Citizens for Democratic Dividends in Nigeria (CDDN) has rejected the attempts by the Nigeria Labour Congress (NLC) and its President, Joe Ajaero to deceive Nigerians and manipulate public sentiment. It said it considered NLC’s fraudulent claim of betrayal as an insult to the collective intelligence of Nigerians and a blatant attempt to exploit the genuine grievances of the people for personal gain. A statement issued on Wednesday by its Executive Director, Ahmad Idris, rejected any maneuver by Ajaero or the NLC to drag Nigerians into covering up his alleged terrorism charges and his efforts to manipulate the truth. It…
A new report has indicated that 62 per cent of first-time lawmakers in the National Assembly have no bills to their names in the past one year. The performance report carried out by Order Paper revealed that 15 senators did not sponsor a bill, while 149 members of the House of Representatives, which is 12.6 per cent of the total membership, did not sponsor any bills in the period under review. The publisher of Order Paper, Oke Epia in a statement issued Tuesday added that security-related bills account for 7.2 per cent of House bills and 5.4 per cent of…
The Northeast Unity Forum (NUF) has described the threat by the Minister of the Federal Capital Territory (FCT) against governors of the People’s Democratic Party (PDP) who support Governor Similayi Fubara of Rivers state provocative. The group stressed that the minister threat to unleash crises in various states clearly demonstrate his dangerous disposition and thuggish orientation, which it said had no place in a civilised and democratic society. The Convener of the group, Abubakar Kabir, in a statement issued Tuesday, therefore, called for his sack as the minister of the nation’s capital. The NUF contended that Wike has lost touch…
The Nigerian government has led a delegation to Beijing, China, for a crucial meeting with Senior Officials of China Civil Engineering Construction Corporation (CCECC) on rail infrastructure development. The delegation from Nigeria’s Ministry of Transportation and the Nigerian Railway Corporation was led by the Minister of Transportation, Senator Said Alkali. The gathering aimed to evaluate the progress made in enhancing Nigeria’s railway infrastructure through the collaborative efforts of the Ministry and CCECC. As the two parties convened, they are to reflect on the successful projects completed and those still in progress. The discussions on both sides will be on sharing…